Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Expands By 15.0%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 336,800 shares, an increase of 15.0% from the October 15th total of 292,900 shares. Based on an average daily trading volume, of 212,200 shares, the days-to-cover ratio is presently 1.6 days.

Koninklijke Ahold Delhaize Stock Performance

ADRNY stock opened at €33.85 ($35.63) on Monday. The firm has a 50 day simple moving average of €33.90 and a 200 day simple moving average of €32.53. Koninklijke Ahold Delhaize has a 52 week low of €27.51 ($28.96) and a 52 week high of €35.00 ($36.84). The stock has a market cap of $31.48 billion, a P/E ratio of 16.04, a P/E/G ratio of 2.05 and a beta of 0.50. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.56 and a current ratio of 0.85.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res upgraded Koninklijke Ahold Delhaize from a “moderate sell” rating to a “hold” rating in a research report on Monday, September 23rd.

About Koninklijke Ahold Delhaize

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.